I came across this article and wanted to get an opinion if anyone has used the death cross to consistently achieve good results. The author of this article seems to think that it's a useless indicator
Death Cross not a bearish omen
I have mixed results with it. Used it three times lost twice and won once only, so overall I am down. I am thinking of using it as a contrarian Indicator, to maybe do some bottom fishing. What do you guys think?
do any of you believe in Market Omens like the Death Cross or Golden Cross.
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Last
$3.41 |
Change
-0.030(0.87%) |
Mkt cap ! $3.704B | |||
| Open | High | Low | Value | Volume |
| $3.44 | $3.46 | $3.41 | $209.9M | 61.53M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 1502600 | $3.41 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.46 | 873 | 1 |
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| Last trade - 16.10pm 19/09/2025 (20 minute delay) ? |
| GOR (ASX) Chart |